Too many new syndicators think they can get away with skipping legal requirements—but the SEC isn’t playing around.If you’re raising capital, DO IT RIGHT:✅ Use a PPM & Subscription Agreement to protect yourself and your investors✅ Avoid general solicitation (unless using a verified 506(c) offering)✅ Understand accredited vs. non-accredited investor rules✅ File your Form D and comply with state laws🚨 Failing to follow these regulations could mean SEC fines, investor lawsuits, or worse.

Please look at the @b part of the form I linked and let it do the math for you. 

overbuilt. just google Austin and over delivered or overbuilt and you'll find your answer. strong market, expensive land, expensive to build. 

I dont need to know this stuff I hire people to do it for me..

It’s an incredibly powerful way to get cash-flowing assets under your name with little to no funds out of pocket.Trying to use it without being an owner-occupant is equivalent to wanting to have your cake and eat it too.

There were even some companies that refused to do business with them out of an abundance of caution.

Do a wrap.

It's just not clear what you are actually doing here. 

Don't try to set it and forget it.

So even though you do your due diligence you sometimes don't get what you're looking for.